The Gabelli Global Utility & Income Trust Declares Distribution for January, February, and March 2022, Payable on January 24, 2022, February 18, 2022 and March 24, 2022 Respectively
November 12, 2021 at 09:15 am
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The board of Trustees of The Gabelli Global Utility & Income Trust (the 'Fund') approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions of $0.10 per share for each of January, February, and March 2022. Record Dates are January 14, 2022, February 11, 2022 and March 17, 2022 respectively and payable dates are January 24, 2022, February 18, 2022 and March 24, 2022 respectively.
The Gabelli Global Utility & Income Trust (the Fund) is a diversified, closed-end management investment company. The Fundâs investment objective is to seek a consistent level of after-tax total return for its investors with an emphasis on tax-advantaged dividend income under current tax law. Under normal market conditions, the Fund invests at least 80% of its assets in equity securities and income-producing securities (such as governments) of domestic and foreign companies involved in the utilities industry and other industries that are expected to pay periodic dividends. The Fund invests in sectors, such as integrated energy and utilities, telecommunications, food and beverage, cable and satellite, financial services, alternative energy, electronics, wireless communications, building and construction, computer software and services, metals and mining, hotels and gaming, and consumer products, among others. The Fund's investment advisor is Gabelli Funds, LLC.
The Gabelli Global Utility & Income Trust Declares Distribution for January, February, and March 2022, Payable on January 24, 2022, February 18, 2022 and March 24, 2022 Respectively